1. Weighted average cost of capital (WACC) a. What are the components of WACC? b. Know how to calculate it. 2. The goal of the firm and how the firm achieves that goal 3. Short-term and long-term financing and the instruments that are used in both a. i.e. what are the different types of debt and equity instruments? 4. Bond valuation, YTM, YTC a. How do bond values change over the life of the bond? b. How do the following features affect the issue price of a bond